StocksCafe has a referral program that lets you earn a commission for every person you refer. This page will cover what the program is about as well as some FAQ.
What StocksCafe Referral Program is about
- You will receive 20% of all contributions (via cash or credit card) made by your referees, forever!
- To participate in the Referral Program, you need to be a subscriber of StocksCafe (either Global Friend or Friend). Your subscriber status needs to be valid:
✓ When your referral submits your referral code, and
✓ When you make withdrawals - You can use the referral fees earned to either extend your subscriber status or withdraw them in cash!
- Your referral code will simply be your username. You can also use the referral links found on your personal referral page.
- Information on how many people you have referred, how much they have contributed, and how much referral fees you have accumulated can be found here.
FAQ
Q: How do I refer someone?
A: Share your referral URL with your referee. Once they click on it, your username/referral code will automatically be entered in the “Referral Code” field.
Q: What is the difference between using the referral URL with my username vs the URL with my referral code on this page?
A: There is no difference, as both will indicate that you are the referrer. Using the username is easier to remember, but some people prefer to keep their username private, which is why there is the option of using the referral code instead.
Q: How much will I receive if I refer someone?
A: You will receive 20% of all amounts they contribute (via cash or credit card), forever.
Note that it excludes your referral subscribing via affiliate promotions such as Webull or Moomoo as those promotions are usually discounted and has complex accounting.
Q: What can I do with the referral earnings I receive?
A: You can use it to contribute to StocksCafe to maintain your subscription, or withdraw it to your bank account.
Q: How do I use the referral earnings to extend my subscription’s validity?
A: At the point of your subscription renewal, StocksCafe will automatically check if you have any referral earnings. If you do, it will be used to pay for your subscription. Any outstanding amount will then be charged to the credit card on file.
Q: How do I withdraw referral earnings to my bank account?
A: Simply send us a message. We can send you the money via PayNow, PayLah, or PayPal. If the withdrawal amount is less than SGD 50, there will be a SGD 2 admin fee. For withdrawals of SGD 50 or more, no admin fee will be charged. The main reason for doing so is simply to prevent numerous withdrawals of low amounts. Less time processing admin work means more time to work on StocksCafe features! 😉
Q: What if I refer person A, and A refers 5 other people. A then uses his referral earnings to be a Friend for free. Will I still receive referral fees for A?
A: Yes, you will still receive 20%! Even though A is paying for his Friend status with his referral earnings, he is essentially still paying, so you will still get credited 🙂